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      Instrument data
      Issuer
      Sogn og Fjordane Energi AS
      Senority
      Senior Unsecured
      Currency
      NOK
      ISIN
      NO0010759087
      Coupon percent
      3.41%
      Coupon type
      Fixed
      Instrument volume
      500,000,000
      Maturity date
      11/03/2026
      -
      BBB Outlook: None
      BBB Outlook: None
      Latest change
      New
      04/03/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Thomas Faeh Lead analyst
      Philipp Wass Committee chair
      Scope assigns first-time issuer rating of BBB/Stable to Norway’s utility SFE

      4/3/2025 Rating announcement EN

      Scope assigns first-time issuer rating of BBB/Stable to Norway’s utility SFE

      The rating is underpinned by Sogn og Fjordane Energi AS' low-cost and environmentally friendly hydropower generation and strong credit metrics. The high volatility of achievable power prices and low diversification are constraints.

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